$3,360,103

República de Brasil 8 | An asset with character, prime location, and redevelopment potential Located in the city center (Colonia Centro), this building offers an exceptional opportunity for investors looking to acquire a property with unique character and transform it into a high-value project. With its classic façade, architecture typical of the Historic Center, and 1,354 m² of built area on a 316 m² plot, this asset is a particularly attractive option for developing a new commercial, tourism, corporate, hospitality, or service-oriented concept—subject to applicable zoning and regulatory feasibility. KEY FEATURES Land area: 316 m² Construction area: 1,354 m² Levels: Ground floor + 4 upper levels Age: Over 50 years Current configuration: Property formerly operated as a hostel/hotel Commercial units: 2 currently in operation CURRENT LAYOUT Ground Floor - Entrance hall - Reception area - Foyer with fountain - Laundry area, linen storage - Supplies room, luggage room - Service patio, trash room - Cleaning supply storage - 2 Half-baths - Two currently operating commercial units First Level / 5 rooms / Restroom area / Shower area Second Level / 8 rooms / Restroom area / Shower area Third Level / 9 rooms / Restroom area / Shower area Additional Areas - Dining area, foyer - Computer room - Staircases - Service areas - Rooftop, boiler room with water tank area INFRASTRUCTURE The property features infrastructure that can facilitate a redevelopment or conversion process: - Water meter - Cistern (approx. 1,100-liter capacity) - 5 rooftop water tanks (1,100 liters each) - 3 electricity meters - Three-phase electrical installation THE TRUE VALUE LIES IN ITS POTENTIAL Its greatest appeal lies in the opportunity to transform an existing building into a new business concept, capitalizing on a location where tourism, commerce, services, transit, and institutional activity converge. Potential concepts to explore—subject to current regulations and necessary permits—include: Lodging | Hostel | Hotel | Offices | Retail | Services | Dining/Gastronomy | Mixed-use concepts República de Brasil 8 is located in the heart of Mexico City’s Historic Center, an area characterized by a high concentration of tourism, culture, commerce, and institutional activity. It benefits from an extraordinary concentration of establishments, hotels, public transport, shops, services, and cultural attractions. APPROXIMATE DISTANCES - Plaza de la Constitución / Zócalo: 0.7 km - National Palace (Palacio Nacional): 0.8 km - Templo Mayor: 0.8 km - Metropolitan Cathedral: 0.9 km - Palace of Fine Arts (Palacio de Bellas Artes): 1.6 km - Alameda Central: 1.5 km - Monument to the Revolution: 2.8 km - Paseo de la Reforma: 3.0 km - Polanco: 7.0 km - Mexico City International Airport: approximately 8.0 km MAJOR THOROUGHFARES The location offers connections to key corridors in the City Center and across Mexico City: